Autonomous Vehicle Simulation Solution Market Size, Share 2024
The global Autonomous Vehicle Simulation Solution market was valued at US$ 277.8 million in 2023 and is projected to reach US$ 1124.4 million by 2030, at a CAGR of 22.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Autonomous vehicles can improve driver safety and reduce traffic congestion. However, developing this new platform is rife with challenges. Chief among them remains the estimated 8.8 billion miles of road testing that would be required to ensure fully autonomous cars are safe enough to hit the road.Simulation will play a key role. Vehicle designers can use advanced simulation tools to virtually test these scenarios quickly and cost effectively. This not only accelerates development but also reduces the need for physical road tests. Simulations Cut the Development Time and Cost of Autonomous Vehicles. Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-...